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A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows: Trading price per unit is less than $0.10 – board lot size is 1,000 units Trading price per unit is $0.10 to $0.99 – board lot size is 500 units Trading price per unit is $1.00 or more – board lot size is 100 units

An electronic record of all pending buy and sell orders for a particular stock.

The ratio of a company’s new orders to shipments in the same period. A book to bill ratio greater than 1.0 indicates sales growth. Ratios less than 1.0 reflect shrinking sales. Used mostly in the semiconductor industry.

Orders that do not trade immediately upon entry. These orders are also known as outstanding orders.

A mathematical model used to calculate the theoretical price of an option.

A single purchase or sale of a stock involving 10,000 or more shares. 

Stocks of leading and nationally known companies that offer a record of continuous dividend payments and other strong investment qualities.

Large, stabile companies. 

An order with a limit price better than the best price on the opposite side of the market. A better-priced buy order has a limit price higher than the best offering. A better-priced sell order has a limit price lower than the best bid. These are available only at the opening.

The highest price a buyer is willing to pay for a stock. When combined with the ask price information, it forms the basis of a stock quote.